Dartmouth Tuck 2018 Employment Report Shows High Employment Rates, Base Salaries, and Increased Tech Industry Interest
2018 was a solid year for the Dartmouth Tuck School of Business. According to their 2018 Employment Report, 96 percent of graduates received a job offer within three months of graduation. Other highlights include an increased interest in the tech industry with a record number of graduates securing a tech job (24 percent). Finally, average first-year base salaries and signing bonuses also increased to $162,170.
Dartmouth Tuck Grads Choose Tech More Than Ever Before
The tech industry continues to be a top choice for Dartmouth Tuck MBA graduates. While in 2017 the class reached an all-time-high interest in tech jobs with 20 percent of graduates entering the industry, the 2018 numbers were even better. A record 24 percent of the 2018 graduates class secured positions in the tech industry.
As for consulting (30 percent) and financial services (20 percent), they remained in the top three industries with healthcare, pharma, and biotech gaining ground with 8 percent of graduates—double the percentage of just two years ago. Noticeably, consumer goods/retail took a huge hit this year going from 11 percent in 2017 to only 6 percent in 2018.
“It’s really inspiring to see the diversity of career paths that our graduates embark upon. Our alumni routinely cite Tuck as the most transformative two years of their lives, and it is a privilege to support and work with students during this time as they explore their options, and pursue their career goals,” Stephen Pidgeon T’07, Executive Director of Career Development, said in a press release.
Better Base Salaries in 2018
It was also a good year for base salaries for recent MBA graduates. The average first-year base salary ($130,022) and signing bonus ($32,148) reached $162,170. This was an almost $5,000 increase from 2017 where the base salary ($127,986) and signing bonus ($30,208) reached just $158,194.
That salary increase had a lot to do with the rise in interest in tech where the average base salary was $127,000 compared to $121,000 last year. Consulting base salaries also slightly increased to $142,665 compared to $141,303 last year.
More Tuck Graduates Get Job Offers
Finally, according to the latest employment data, 2018 was a great year for job offers. 96 percent of the class of 2018 received a job offer within three months of graduation (up from 95 percent in 2017), and 92 percent accepted job offers within the same time frame—the same as last year.
“A personalized and connected approach to career support remains central to Tuck’s culture,” explained Pidgeon. “There are many sources of advice, support, and connection that come together in powerful and unique ways for each Tuck student. Whether it is a late-night mock interview with a second-year student mentor, a coaching relationship a student has developed with a senior alum, a career exploration trek organized by a student club, timely advice or the right connection provided by a career advisor—it’s not surprising when you put all of this together, Tuck students experience the kind of success that these recent statistics illustrate.”
Clear Admit Resources
As you work on your Tuck MBA essays and application, we encourage you to consider all of Clear Admit’s Dartmouth offerings:
- Dartmouth Tuck School of Business Profile on the Clear Admit website: up-to-date advice and admissions information
- Clear Admit Tuck School Snapshot: overview of key curricular details and application information
- Clear Admit Tuck School Guide: in-depth program and campus information and side-by-side school comparisons; everything you need to know for a successful application!
- Clear Admit LiveWire: admissions updates submitted in real time by applicants to Tuck
- Clear Admit DecisionWire: school selections in real-time by admits to Tuck